Qualcomm Technologies Inc.’s chief executive officer has broken his silence on the company’s ongoing legal wrangles with Apple Inc., making comments that suggest he wants the dispute to be settled out of court. Steve Mollenkopf made the comments during an appearance at the Brainstorm Tech conference in Aspen, Colorado, Fortune reported. He suggested that the mobile chipmaker would try to reach …
Courtesy of Apple, most of its chipmaker or designers seem to be having a rough start in 2017. One of these names will have to be the leading American chipmaker, Qualcomm, who Cupertino is presently embroiled in an ongoing patent royalties payment battle with. For those unaware, Apple first took a stand against the chipmaker and lodged a billion lawsuit against them for being charged unfairly …
Chip maker Qualcomm has been having a rough couple of months, not only getting sued by Apple — one of its largest customers — for unfair licensing costs, but also being accused of anti-competitive tactics by the Federal Trade Commission. In the case of the latter, now some of Qualcomm’s biggest rivals have chimed in, offering statements to the FTC in support of their monopoly accusations. Back …
Samsung Electronics Co. and Intel Corp. weighed in with their own gripes about Qualcomm Inc. while cheering on the U.S. Federal Trade Commission’s lawsuit accusing the chipmaker of trying to corner the market for semiconductors used in smartphones. The South Korean company, one of Qualcomm’s largest customers, and Intel, one of its biggest competitors, filed arguments Friday in support of the …
The legal battle between Apple Inc. (NASDAQ:AAPL) and QUALCOMM, Inc. (NASDAQ:QCOM) continues to heat up, with Apple officially confirming it will no longer pay royalties to the chipmaker until their lawsuit is settled. MacRumors has some notes on the ongoing legal battle: The legal dispute between the two companies follows a complaint filed by the Federal Trade Commission, stating that Qualcomm …
A putative class action lawsuit filed on March 16 in federal court charges that Qualcomm has an unlawful monopoly in baseband processors (also called modem chipsets). David Kreuzer, a resident of Illinois, owns an Apple iPhone 6, Apple iPad Mini 2, and Samsung Galaxy S6, each of which has a broadband processor. Kreuzer claims that he and others with similar equipment have to pay inflated prices …
On January 20 Apple sued Qualcomm for $1 Billion claiming unfair exclusionary tactics and charging excessive royalties and on January 22 Patently Apple covered the full lawsuit where Apple revealed secret licensing agreements and more. On January 25 Apple took their war against Qualcomm to Beijing China. Today Apple has launched another lawsuit against Qualcomm, this time in the U.K.
QUALCOMM Incorporated (NASDAQ:QCOM) luring passive investments, as shares build up 2.12% ended at $54.00 as the stock held volume of 14.03 Million as compared to average daily volume of 11837.29. Pomerantz LLP reported that a class action lawsuit has been filed against Qualcomm Incorporated (QCOM) and certain of its officers. The class action, filed in United States District Court, Southern …
The Federal Trade Commission’s two-year probe of Qualcomm has led to the government filing suit against the California-based company, accusing executives of employing “onerous” tactics allowing it to “maintain a monopoly on baseband processors.” Since then, the semiconductor manufacturer has been slapped with at least two putative class action complaints filed …
Lundin Law PC , a shareholder rights firm announces a class action lawsuit against QUALCOMM Incorporated (“QUALCOMM” or the “Company”) (Nasdaq: QCOM) concerning possible violations of federal securities laws. Investors who purchased or otherwise acquired QUALCOMM shares between February 1, 2012 and January 17, 2017 inclusive (the “Class Period”), are encouraged …